- The Small Business Administration (SBA) has announced a new initiative focused on reducing federal regulations impacting small businesses.
- This initiative specifically targets regulations introduced during the Biden administration.
- The goal of the initiative is to alleviate the compliance burden, which has resulted in $6 trillion in costs for American families and small businesses across the country.
- By easing these regulations, the SBA aims to foster a more supportive environment for small business growth and economic stability.
- The initiative underscores the SBA’s commitment to advocating for the interests of small firms and reducing barriers to their success.
Source: https://www.foxnews.com/politics/small-business-administration-unveils-new-initiative-roll-back-federal-regulations)
